MagneGas Indemnified Party definition

MagneGas Indemnified Party shall have the meaning set forth in Section 11.2
MagneGas Indemnified Party shall have the meaning set forth in Section 10.2. 1.13 “Mexico” shall mean the United Mexican States. 1.14 Notice of Completion” shall have the meaning set forth in Section 4.2. 1.15 “Other Revenues” shall mean any revenue derived from the use of a Gasifier or the sale or trade of any by-product or output thereof, whether such revenues are derived from services rendered (such as waste disposal), Products manufactured and sold, or other activity. 1.16 “Person” or “person” shall mean any natural person, corporation, partnership, limited liability company, proprietorship, association, trust, or other legal entity. 2 1.17 “Product” shall mean the fuels or byproducts manufactured by a MagneGas Gasifier. 1.18 “Progress Payment” shall have the meaning set forth in Section 4.2. 1.19 “Reports” shall have the meaning set forth in Section 8.2. 1.20 “Royalties” shall have the meaning set forth in the Distribution Agreement. 1.21 “Territory” shall mean the United Mexican States (on an exclusive basis pursuant to Section 2.1 of the Distribution Agreement), and the rest of Latin America (on a non-exclusive basis pursuant to Section 2.2 of the Distribution Agreement); provided that the exclusive Territory is subject to change in accordance with the Distribution Agreement. 2. TERM 2.1

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